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PHLT (Performant Healthcare) ROE % : -0.42% (As of Mar. 2025)


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What is Performant Healthcare ROE %?

ROE % is calculated as Net Income divided by its average Total Stockholders Equity over a certain period of time. Performant Healthcare's annualized net income for the quarter that ended in Mar. 2025 was $-0.3 Mil. Performant Healthcare's average Total Stockholders Equity over the quarter that ended in Mar. 2025 was $77.3 Mil. Therefore, Performant Healthcare's annualized ROE % for the quarter that ended in Mar. 2025 was -0.42%.

The historical rank and industry rank for Performant Healthcare's ROE % or its related term are showing as below:

PHLT' s ROE % Range Over the Past 10 Years
Min: -40.99   Med: -12.66   Max: -1.94
Current: -7.77

During the past 13 years, Performant Healthcare's highest ROE % was -1.94%. The lowest was -40.99%. And the median was -12.66%.

PHLT's ROE % is ranked worse than
73.59% of 621 companies
in the Healthcare Providers & Services industry
Industry Median: 4.26 vs PHLT: -7.77

Performant Healthcare ROE % Historical Data

The historical data trend for Performant Healthcare's ROE % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Performant Healthcare ROE % Chart

Performant Healthcare Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
ROE %
Get a 7-Day Free Trial Premium Member Only Premium Member Only -29.26 -16.54 -7.83 -9.10 -12.59

Performant Healthcare Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
ROE % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -20.29 -15.61 -12.62 -2.63 -0.42

Competitive Comparison of Performant Healthcare's ROE %

For the Health Information Services subindustry, Performant Healthcare's ROE %, along with its competitors' market caps and ROE % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Performant Healthcare's ROE % Distribution in the Healthcare Providers & Services Industry

For the Healthcare Providers & Services industry and Healthcare sector, Performant Healthcare's ROE % distribution charts can be found below:

* The bar in red indicates where Performant Healthcare's ROE % falls into.


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Performant Healthcare ROE % Calculation

Performant Healthcare's annualized ROE % for the fiscal year that ended in Dec. 2024 is calculated as

ROE %=Net Income (A: Dec. 2024 )/( (Total Stockholders Equity (A: Dec. 2023 )+Total Stockholders Equity (A: Dec. 2024 ))/ count )
=-9.895/( (80.707+76.499)/ 2 )
=-9.895/78.603
=-12.59 %

Performant Healthcare's annualized ROE % for the quarter that ended in Mar. 2025 is calculated as

ROE %=Net Income (Q: Mar. 2025 )/( (Total Stockholders Equity (Q: Dec. 2024 )+Total Stockholders Equity (Q: Mar. 2025 ))/ count )
=-0.324/( (76.499+78.132)/ 2 )
=-0.324/77.3155
=-0.42 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

In the calculation of annual ROE %, the net income of the last fiscal year and the average total shareholder equity over the fiscal year are used. In calculating the quarterly data, the net income data used here is four times the quarterly (Mar. 2025) net income data. ROE % is displayed in the 30-year financial page.


Performant Healthcare  (NAS:PHLT) ROE % Explanation

ROE % measures the rate of return on the ownership interest (shareholder's equity) of the common stock owners. It measures a firm's efficiency at generating profits from every unit of shareholders' equity (also known as net assets or assets minus liabilities). ROE % shows how well a company uses investment funds to generate earnings growth. ROE %s between 15% and 20% are considered desirable.

The factors that affect a company's ROE % can be illustrated with the three-step DuPont Analysis:

ROE %(Q: Mar. 2025 )
=Net Income/Total Stockholders Equity
=-0.324/77.3155
=(Net Income / Revenue )*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(-0.324 / 133.076)*(133.076 / 103.5695)*(103.5695 / 77.3155)
=Net Margin %*Asset Turnover*Equity Multiplier
=-0.24 %*1.2849*1.3396
=ROA %*Equity Multiplier
=-0.31 %*1.3396
=-0.42 %

With this breakdown, it is clear that if a company grows its Net Profit Margin, its Asset Turnover, or its Leverage, it can grow its ROE %.

The factors that affect a company's ROE % can also be illustrated with the five-step DuPont Analysis:

ROE %(Q: Mar. 2025 )
=Net Income/Total Stockholders Equity
=-0.324/77.3155
=(Net Income / Pre-Tax Income) * (Pre-Tax Income / Operating Income) * (Operating Income / Revenue) * (Revenue / Total Assets) * (Total Assets / Total Stockholders Equity)
= (-0.324 / -0.164) * (-0.164 / 0.6) * (0.6 / 133.076) * (133.076 / 103.5695) * (103.5695 / 77.3155)
= Tax Burden * Interest Burden * Operating Margin % * Asset Turnover * Equity Multiplier
= 1.9756 * -0.2733 * 0.45 % * 1.2849 * 1.3396
=-0.42 %

Note: The net income data used here is four times the quarterly (Mar. 2025) net income data. The Revenue data used here is four times the quarterly (Mar. 2025) revenue data. The same rule applies to Pre-Tax Income and Operating Income.
* In the five-step DuPont Analysis, Operating Income is only available for non-financial companies. Thus, for Insurance companies, we use EBIT as a substitution of Operating Income. For Banks, both Operating Income and EBIT is unavailable. Thus we combined Interest Burden and Operating Margin % into Pretax Margin %, and the DuPont Analysis is divided into four components instead.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Be Aware

Net Income is used.

Because a company can increase its ROE % by having more financial leverage, it is important to watch the equity multiplier when investing in high ROE % companies. Like ROA %, ROE % is calculated with only 12 months data. Fluctuations in company's earnings or business cycles can affect the ratio drastically. It is important to look at the ratio from a long term perspective.

Asset light businesses require very few assets to generate very high earnings. Their ROE %s can be extremely high.


Performant Healthcare ROE % Related Terms

Thank you for viewing the detailed overview of Performant Healthcare's ROE % provided by GuruFocus.com. Please click on the following links to see related term pages.


Performant Healthcare Business Description

Traded in Other Exchanges
N/A
Address
900 South Pine Island Road, Suite 150, Plantation, FL, USA, 33324
Performant Healthcare Inc provides solutions to payers in the healthcare industry to identify, prevent, and recover waste and improper payments by leveraging technology, analytics, and proprietary data assets.
Executives
Lisa Im officer: Chief Executive Officer C/O PERFORMANT FINANCIAL CORPORATION, 333 NORTH CANYONS PARKWAY, LIVERMORE CA 94551
Prescott Group Capital Management, L.l.c. 10 percent owner 1924 SOUTH UTICA, SUITE 1120, TULSA OK 74104-6429
Rohit Ramchandani officer: Chief Financial Officer 333 NORTH CANYONS PARKWAY, LIVERMORE CA 94551
Ecmc Group, Inc. 10 percent owner 1 IMATION PLACE, BLDG 2, SUITE 392A, OAKDALE MN 55128
Parthenon Dcs Holdings, Llc 10 percent owner C/O PARTHENON CAPITAL PARTNERS, FOUR EMBARCADERO CENTER, SAN FRANCISCO CA 94111
Pcp Managers Gp, Llc 10 percent owner FOUR EMBARCADERO CENTER, SUITE 3610, SAN FRANCISCO CA 94111
Eric Yanagi director 400 OYSTER POINT BOULEVARD, SUITE 526, SOUTH SAN FRANCISCO CA 94080
Parthenon Investors Ii. L.p. 10 percent owner C/O PARTHENON CAPITAL PARTNERS, 400 EMBARCADERO CENTER, SAN FRANCISCO CA 94111
Pcap Partners Ii, Llc 10 percent owner C/O PARTHENON CAPITAL PARTNERS, FOUR EMBARCADERO CENTER, SAN FRANCISCO CA 94111
Pcap Ii, Llc 10 percent owner C/O PARTHENON CAPITAL PARTNERS, FOUR EMBARCADERO CENTER, SAN FRANCISCO CA 94111
Pcp Managers, L.p. 10 percent owner C/O PARTHENON CAPITAL PARTNERS, FOUR EMBARCADERO CENTER, SUITE 3610, SAN FRANCISCO CA 94111
James Lacamp director 333 NORTH CANYONS PARKWAY, LIVERMORE CA 94551
Prescott Group Aggressive Small Cap Master Fund Gp 10 percent owner 1924 S UTICA SUITE # 1120, TULSA OK 74104-6529
Prescott Group Aggressive Small Cap Ii Lp 10 percent owner 1924 S UTICA SUITE # 1120, TULSA OK 74104-6529
Prescott Group Aggressive Small Cap Lp 10 percent owner 1924 SOUTH IRICA SUITE 1120, TULSA OK 741046529